Tue, Feb 27, 2024 1:08 PM
India's 'insourcing' boom does not spell doom for outsourcing
A Flip by Shubhangi Gupta
Rajesh Power Services will open its Rs 160-crore initial share sale for subscription on November 25. This would be the sixth IPO from the SME segment launching in current month despite subdued equity markets mood. The price band for the public issue has been fixed at Rs 320-335 per share. The institutional investors can participate in the anchor book of the offer for a day on November 22.
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S&P Global Ratings put a positive outlook on Ireland’s credit rating, underscoring just how robust the country’s finances are ahead of next month’s general election. The ratings firm expects Ireland to use proceeds from corporate tax receipts to rebuild fiscal buffers. S&P currently scores the country eight levels above junk, having lifted the rating one notch to AA in May last year.
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To create financial literacy awareness among the tribal population, the RBI, Odisha office has prepared five specific booklets in Santali (Ol Chik) language, an official said. Odisha CM Mohan Charan Majhi released the booklets at Bali Jatra in Cuttack on Friday. The booklets were prepared to commemorate 90 years of RBI’s operation in the country, the official said.
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